Government Accountability Office

Salient features of the Tax Forgone Statement

The salient features of the Tax Forgone Statement issued by the Government are as under: ¢ This Statement seeks to list the revenue impact of tax incentives or tax subsidies that are a part of the tax system of the Central Government. ¢ This Statement attempts to estimate some of the major tax expenditure under… Read More

Tags: Government Accountability OfficeRevenueRevenue Foregone StatementTaxTax exemptionTax expenditureUnited StatesUnited States Congress Joint Committee on Taxation

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